Verizon tops Q2 expectations as tablet demand drives growth — The company added 1.15 million new tablets in the period, offsetting a slowdown in smartphone growth. — Verizon CEO Lowell McAdam. — Verizon's customer growth bounced back in the second quarter, thanks to a pickup in tablet and smartphone demand in the period.

Source: Yahoo is paying $200M-$300M for Flurry — Yahoo Buys Mobile Analytics Firm Flurry For North Of $200M — Yahoo has made no secret of its ambitions and advances in mobile, earlier this month reporting 450 million monthly active users and search and display mobile ad revenues growing 100%.